
Saudi PIF Developer Lines Up $2.7 Billion for Building Spree
Roshn Real Estate Co., one of Saudi Arabia’s largest master developers, has lined up about 10 billion riyals
2023-09-14 14:49

Debt ceiling deal reached between Biden and McCarthy
President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement to avert a catastrophic and unprecedented default on America’s sovereign debt, ending a monthlong standoff that threatened the US and global economies. The White House said Mr Biden and Mr McCarthy spoke by phone for roughly 90 minutes late Saturday. The president also spoke with Democratic congressional leaders as the talks between the White House and the Republicans who control the House of Representatives entered final stages after days of back-and-forth over GOP demands to add work requirements for food assistance and other programs meant to help lower-income Americans. One source familiar with the matter described the president and the House Speaker as having come to an “agreement in principle” that would limit federal spending while raising the nation’s statutory debt limit by an amount large enough to keep the issue off the table through the November 2024 general election. More follows...
2023-05-28 09:21

Tesla Starts Selling Chinese-Made Model Y in Korea for $44,000
Tesla Inc. has started selling Chinese-made Model Y sports utility vehicles in South Korea, slashing the price to
2023-07-14 13:29

Brazil's central bank is causing 'unnecessary noise,' minister says
BRASILIA (Reuters) -Brazil's planning and budget minister, Simone Tebet, said on Tuesday that the country's central bank is causing "unnecessary
2023-06-28 06:58

Growing climate risks fuel surge in US home insurance costs
When Jack Hierholzer moved back to Pensacola in the Florida panhandle, it felt like...
2023-07-21 09:55

Carson Block’s Latest Short Bet Is Burned by Novartis M&A Deal
Carson Block’s Muddy Waters wager against a hedge-fund favorite, Chinook Therapeutics Inc., took a hit Monday after Novartis
2023-06-12 23:49

Biden: GOP must move off 'extreme' positions, no debt limit deal solely on its 'partisan terms'
President Joe Biden says Republicans in the U.S. House must move off their “extreme positions” on the now-stalled talks over raising America’s debt limit and that there will be no agreement to avert a catastrophic default only on their terms
2023-05-21 18:47

US equity funds see biggest weekly outflow in three months
U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential
2023-09-29 21:53

Coinbase CEO: Win or lose, our clash with regulators is good for crypto
Coinbase CEO Brian Armstrong is confident his battle with federal regulators will benefit the crypto industry, no matter how the judge rules.
2023-06-08 18:58

Philippines Gives Rice Farmers $224 Million in Aid Amid El Nino
The Philippines said it will provide 12.7 billion pesos ($224 million) in financial assistance to about 2.3 million
2023-09-30 10:24

CORRECTING and REPLACING Transact Campus Announces National Study of Current College and High School Students Examining Financial Habits and Technology Use
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 20, 2023--
2023-05-20 19:45

Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
The number of Americans filing for jobless claims last week rose to its highest level in a year-and-a-half, though the labor market remains healthy by historical standards
2023-05-12 00:22
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